650-730-9848 brian@sullivanco.net

Appraisers working on divorce cases know that goodwill is a fundamental concept they have to master. What makes it challenging is that divorce is a state matter and that different states adhere to different rules as to how to treat goodwill.

BVR is excited to offer legal and valuation professionals an updated handy reference guide that includes a state-by-state breakdown of goodwill jurisprudence. Practitioners can learn at a glance what a state’s basic position toward enterprise and professional goodwill is and can shape their valuations accordingly.

This reference includes a discussion of the law with excerpts from foundational cases that highlight the concepts (e.g., salability, transferability, solo practice, noncompete agreements) underlying a state’s position. The additional information gives insight into how different courts emphasize different concepts and how much discussion there is within a jurisdiction around the basic rule. Ideally, this chart becomes a real-time guide and we welcome alerts to precedent-making new cases or legislative changes.

Download the complete interactive map and guide (free registration required).